Commentary

Ronald Jordan
Traders Magazine Online News

Understanding Your Data is No Longer Optional

In this contributed article from Global Markets Advisory Group, the advisory discusses the importance of data and how organizations should augment existing skill sets and capabilities to add a data-focused perspective to their operating fabric.

Traders Poll

Do you expect SEC Chairman Jay Clayton to push for regulation in the cryptocurrency issuance and trading markets?

Yes

74%

No

5%

The CFTC will push for regulation

21%

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May 31, 2004

Cantor's eSpeed Raids Bloomberg

By Staff Reports

Kevin Foley, a veteran trading industry executive most recently working with Bloomberg Tradebook, has joined eSpeed, a move that has generated a buzz in trading circles.

Foley, who had been serving as CEO at Bloomberg Tradebook, has been named president of eSpeed. Foley will oversee the creation and expansion of eSpeed's foreign exchange, mortgage-backed securities and equities platforms.

Foley's new boss, Howard Lutnick, Chairman and CEO of eSpeed, said Foley will "define the next generation of trading technology for the global capital markets." Foley also will be working on promoting the use of eSpeed's software and proprietary products.